New Trends in Development of Services in the Modern Economy

The services sector strategic development unites a multitude of economic and managerial aspects and is one of the most important problems of economic management. Many researches devoted to this industry study are available. Most of them are performed in the traditional aspect of the voluminous calendar approach to strategic management, characteristic of the national scientific school. Such an approach seems archaic, forming false strategic benchmarks. The services sector is of special scientific interest in this context due to the fact that the social production structure to the services development model attraction in many countries suggests transition to postindustrial economy type where the services sector is a system-supporting sector of the economy. Actively influencing the economy, the services sector in the developed countries dominates in the GDP formation, primary capital accumulation, labor, households final consumption and, finally, citizens comfort of living. However, a clear understanding of the services sector as a hyper-sector permeating all spheres of human activity has not yet been fully developed, although interest in this issue continues to grow among many authors. Target of strategic management of the industry development setting requires substantive content and the services sector target value assessment

On Cyber Risk Management of Blockchain Networks: A Game Theoretic Approach

Open-access blockchains based on proof-of-work protocols have gained tremendous popularity for their capabilities of providing decentralized tamper-proof ledgers and platforms for data-driven autonomous organization. Nevertheless, the proof-of-work based consensus protocols are vulnerable to cyber-attacks such as double-spending. In this paper, we propose a novel approach of cyber risk management for blockchain-based service. In particular, we adopt the cyber-insurance as an economic tool for neutralizing cyber risks due to attacks in blockchain networks. We consider a blockchain service market, which is composed of the infrastructure provider, the blockchain provider, the cyber-insurer, and the users. The blockchain provider purchases from the infrastructure provider, e.g., a cloud, the computing resources to maintain the blockchain consensus, and then offers blockchain services to the users. The blockchain provider strategizes its investment in the infrastructure and the service price charged to the users, in order to improve the security of the blockchain and thus optimize its profit. Meanwhile, the blockchain provider also purchases a cyber-insurance from the cyber-insurer to protect itself from the potential damage due to the attacks. In return, the cyber-insurer adjusts the insurance premium according to the perceived risk level of the blockchain service. Based on the assumption of rationality for the market entities, we model the interaction among the blockchain provider, the users, and the cyber-insurer as a two-level Stackelberg game. Namely, the blockchain provider and the cyber-insurer lead to set their pricing/investment strategies, and then the users follow to determine their demand of the blockchain service. Specifically, we consider the scenario of double-spending attacks and provide a series of analytical results about the Stackelberg equilibrium in the market game

Self-Sovereign Identity Ecosystems: Benefits and Challenges

Verifiable credentials, coupled with decentralized ledger technologies, have been potential providers of trustworthy digital identity for individuals, organizations, and other entities, and thus, potential enablers of trustful digital interactions. The rapid development of this technology—called self-sovereign identity (SSI)—and the ecosystems built around it have been fostered even more by the societal needs stemming from the current pandemic crisis, when governments, non-profit organizations, businesses, and individuals are working together on different aspects of SSI to enable mainstream adoption. In this study, we build on rich qualitative data gathered from SSI practitioners to give a fresh overview of the perceived benefits and challenges of SSI. The paper advances research on the domain of SSI adoption and provides valuable insights into the feasibility of SSI for practitioners both in the private and public sectors

A Smart Contract Blockchain Penetration Testing Framework

Likened to old-style contracts smart agreements motorized by blockchain ensure that deal processes are real safe then well-organized Without the need aimed at third-party mediators like lawyers smart contracts enable transparent processes cost-effectiveness time efficiency and trust lessness While old-style cybersecurity attacks on keen agreement requests can be thwarted by blockchain new threats and attack vectors are constantly emerging which affect blockchain in a manner alike toward additional web and application-based systems Organizations can develop and use the technology securely with connected infrastructure by using effective blockchain testing However the authors discovered throughout the sequence of their investigate that Blockchain technology has security issues like permanent dealings insufficient access and ineffective plans Web portals and other applications do not contain attack vectors like these This study introduces a brand new penetration testing framework for decentralized apps and clever contracts Results from the suggested penetration-testing methodology were com-pared by those from automatic diffusion examination scanners by the authors The findings revealed gaps in vulnerabilities that were not disclosed during routine pen testin

INTEGRATION OF BLOCKCHAIN TECHNOLOGY INTO AUTOMOBILES TO PREVENT AND STUDY THE CAUSES OF ACCIDENTS

Automobile collisions occur daily. We now live in an information-driven world, one where technology is quickly evolving. Blockchain technology can change the automotive industry, the safety of the motoring public and its surrounding environment by incorporating this vast array of information. It can place safety and efficiency at the forefront to pedestrians, public establishments, and provide public agencies with pertinent information securely and efficiently. Other industries where Blockchain technology has been effective in are as follows: supply chain management, logistics, and banking. This paper reviews some statistical information regarding automobile collisions, Blockchain technology, Smart Contracts, Smart Cities; assesses the feasibility of automobile collisions using Blockchain technology framework, and lastly includes some discussion in future studies of Blockchain technology

Using Distributed Ledger Technologies in VANETs to Achieve Trusted Intelligent Transportation Systems

With the recent advancements in the networking realm of computers as well as achieving real-time communication between devices over the Internet, IoT (Internet of Things) devices have been on the rise; collecting, sharing, and exchanging data with other connected devices or databases online, enabling all sorts of communications and operations without the need for human intervention, oversight, or control. This has caused more computer-based systems to get integrated into the physical world, inching us closer towards developing smart cities. The automotive industry, alongside other software developers and technology companies have been at the forefront of this advancement towards achieving smart cities. Currently, transportation networks need to be revamped to utilize the massive amounts of data being generated by the public’s vehicle’s on-board devices, as well as other integrated sensors on public transit systems, local roads, and highways. This will create an interconnected ecosystem that can be leveraged to improve traffic efficiency and reliability. Currently, Vehicular Ad-hoc Networks (VANETs) such as vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-grid (V2G) communications, all play a major role in supporting road safety, traffic efficiency, and energy savings. To protect these devices and the networks they form from being targets of cyber-related attacks, this paper presents ideas on how to leverage distributed ledger technologies (DLT) to establish secure communication between vehicles that is decentralized, trustless, and immutable. Incorporating IOTA’s protocols, as well as utilizing Ethereum’s smart contracts functionality and application concepts with VANETs, all interoperating with Hyperledger’s Fabric framework, several novel ideas can be implemented to improve traffic safety and efficiency. Such a modular design also opens up the possibility to further investigate use cases of the blockchain and distributed ledger technologies in creating a decentralized intelligent transportation system (ITS)